Active Listing  ·  174 days on market

6903 Deatonhill Dr #2

Austin, TX 78745
$165,000
1 Bed 1 Bath 591 sqft $279/sqft Built 1982 0.03 acres Pool Flagstone Terrace Condo

Freshley Painted and updated Condo in the vibrant heart of South Austin! This conveniently located condo is situated just off the intersection of Westgate and William Cannon, offering unparalleled accessibility to all your local necessities. Close to shopping, dining, groceries, entertainment, or need to hop on public transportation, it's all within a short walk from your doorstep. Plus, with a quick 15-minute drive, you can be in the downtown Austin area, enjoying all the city has to offer. A bright and open interior and gorgeous wood-like vinyl flooring. The kitchen is equipped with stainless steel appliances, chic dual-toned cabinetry, and contemporary accents. One of the standout features of this condo is the balcony. The primary bedroom is spacious, and the large walk-in closet provides ample storage space. The condo includes and in suite stackable washer/dryer and Refrigerator the Flagstone condo community offers the perfect blend of location, style, and functionality. Great Opportunity for an investor

At $279/sqft, this home is 29% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6903 Deatonhill Dr #2, Austin, TX 78745

Property Details

Price $165,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 591 sqft
Lot Size 0.03 acres (1,420.06 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Flagstone Terrace Condo
County Travis
Zip Code 78745
$/sqft $279/sqft
Days on Market ,
HOA $318/Monthly
Annual Tax Est. $3,536.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224769409
List Date April 2, 2026
Elementary School Sunset Valley
Middle School Covington
High School Crockett
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
6903 Deatonhill Dr #20
Flagstone Terrace Condo Ph 02
$133,300 $248 1 bd / 1 ba 538 sqft , 2026-09-02
6903 Deatonhill Dr #28
Flagstone Terrace Condo Ph 02
$130,000 $174 2 bd / 1 ba 749 sqft , 2026-08-01

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$792/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$33,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$792
Principal + Interest−$900
Property Tax (~2.1% TX avg)−$289
Insurance (~0.5%)−$69
Est. Monthly Cash Flow $-466

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 21, 2026.

📞 (254) 718-2567 [email protected] More about Luke →